Wedbush Securities Reiterates Neutral Rating, $14 PT on Fred's

In a report published Friday, Wedbush Securities reiterated its Neutral rating and $14.00 price target on Fred's (NASDAQ: FRED ). Wedbush Securities noted, “Overall, we are cautiously optimistic for the Holiday quarter and therefore maintain our NEUTRAL rating. The company's business appears to be better managed, despite weaker-than-expected comps in